U.S. stocks are likely to stay somewhat subdued at the start on Friday, tracking weakness in European and Asian markets amid persisting worries about coronavirus cases and restrictions on movements in several countries.Optimism about larger economic stimulus from the Joe Biden administration may help limit market's downside.A preliminary report on activity in the manufacturing and service sectors ...
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.